Back to Search
Bronx Two-Family Home for Sale

1256 Allerton Avenue Bronx, NY 10469

Claim this Listing
Pending
$778,000

MULTI_FAMILY - Colonial - Bronx, NY

Property size:
2,000 SF
Lot size:
0.07 Acres
Added:
Mar 25, 2026
Days on Market:
110
Last Refresh:
Jul 12 at 3:06 am

Property Features for 1256 Allerton Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Rooms
Bathroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 2
Parking features
Garage
Interior features
Eat-in Kitchen
Standard status
Pending
APN
04463-0052
Size
2,000 SF
Lot size
0.07 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
6593

Utilities

Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Baseboard
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public

Building Details

Year built
1955
Number of units
2
Building materials
Brick
Architectural style
Colonial

Listing agent Silvia L. Corrales CBR SFR CIREC License #10301208186

Listing office Keller Williams Landmark II 7535 31st Ave Ste 202, Jackson Heights, NY

Listing date Mar 25, 2026

MLS# 976663 Listing URL

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This semi-detached two-family home is located in the Allerton section of the Bronx. The property offers approximately 2,000 square feet of living space, featuring a total of 4 bedrooms and 2.5 baths. This is a legal two-family property with a full above-grade basement. The primary unit spans the second and third floors, offering a spacious 3-bedroom, 1.5-bath layout. The unit includes generously sized bedrooms and an open-concept kitchen that flows into the dining area. Yard access is available from the second floor. The lot dimensions are approximately 23.17 feet by 123.67 feet (irregular), while the building dimensions are approximately 19.67 feet by 37 feet. The property presents an excellent opportunity for a new owner to unlock its full potential and add the finishing touches. The property is conveniently located near public transportation, shopping, schools, and major highways. The property is a probate sale with court approval already obtained.

Key Highlights

  • Semi‑detached legal two‑family home in the Allerton section of the Bronx
  • Approximately 2,000 SF with 4 bedrooms and 2.5 baths; full above‑grade basement
  • Primary unit on the 2nd and 3rd floors features 3 bedrooms and 1.5 baths with an open‑concept kitchen and dining area

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $76.8k $38.40
− Vacancy −$4.2k −$2.11
EGI $72.6k $36.29
− OpEx −$21.8k −$10.89
NOI $50.8k $25.40
2,000 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$725.8K
$635.0K – $846.7K (±1% cap)
NOI $50,803 @ 7.0% cap · market cap 6.53%
Second Best
Apartment 5plus
$657.2K
$575.1K – $766.8K (±1% cap)
NOI $46,007 @ 7.0% cap · market cap 5.91%
Theoretical Best
Warehouse
$1.39M
$1.21M – $1.62M (±1% cap)
NOI $97,010 @ 7.0% cap · market cap 12.47%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Gym & Fitness Center Cafe & Coffee Shop Skin Care Clinic Bar & Pub Law Firm Acupuncture (Bike/Boat/Book/etc) Store Tech Support Center Tattoo & Piercing Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Semi-detached two-family home in Allerton section of the Bronx.
Where is this duplex located?
The property is located at 1256 Allerton Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $778,000.
What are key features of this property?
This property features: Semi‑detached legal two‑family home in the Allerton section of the Bronx; Approximately 2,000 SF with 4 bedrooms and 2.5 baths; full above‑grade basement; Primary unit on the 2nd and 3rd floors features 3 bedrooms and 1.5 baths with an open‑concept kitchen and dining area
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message